Economic Outlook (April 2012)
Now in its sixth edition, the Economic Outlook research series from the Chartered Management Institute (CMI) examines and tracks managers’ views on the economy. Questioning over 700 managers about a variety of economic performance indicators, including GDP, business insolvencies and levels of employment, key highlights from the report include:
- Cutting costs: some 57 per cent of managers report pay freezes in the last six months, with 50 per cent attempting to reduce business overheads and 49 per cent seeing a recruitment freeze in their organisation.
- Greater optimism around growth: Although the majority of managers still feel growth will stay the same or decrease in the next 12 months, the number of managers expecting growth to accelerate has more than doubled from 8 per cent six months ago, to 17 per cent now
- Continuation of a tough climate: 83 per cent of managers report that the state of the economy is having a negative impact on their organisation (this number has held steadily above 80 per cent since March 2009).
The report can be viewed below or downloaded here
Report Information:
Published:
April 2012
Author: Paul Hutchings and Patrick Woodman
Price: Free -- please download here or view in the window below.
ISBN: 0-85946-408-3
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